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2016-06-22 / News Briefs

Uphoff buys former Village Bank headquarters

NEWS BRIEFS
Rich Griset

Bowling and gas station magnate Steve Uphoff’s Uphoff Ventures recently inked a deal to purchase the former headquarters of Village Bank on Midlothian Turnpike for $12.25 million. The bank vacated the four-story building in 2014 and moved to a smaller office nearby.

“It’s filled at 92 percent, and it’s a good building,” said Uphoff when reached by phone last week.

The building adds to a long list of properties co-owned by Uphoff, including Uptown Alley locations in Chesterfield and Arizona, 25 gas stations, condos in Florida, the Lake Delton Waterfront Villas resort in Wisconsin and other assets. Uptown Alley locations in Virginia Beach and Manassas are in the works, and 15 locations are planned for China.

Uphoff is also working to build a convention center, hotel and indoor waterpark in the county near Uptown Alley. He’s also considering the creation of a “dry park” in the area that would include climbing walls, a zip line and miniature golf.

“The county is very supportive of the design,” Uphoff said. “They view that whole area as an entertainment area, so it meshes with their planning and zoning requirements.”

High-profile murder case ends in mistrial

A judge has declared a mistrial in a case where an off-duty Richmond police officer shot a teenager at a Chesterfield car wash, according to media reports.

David L. Cobb, a nine-year veteran of the Richmond Police Department, has been charged with second-degree murder after shooting 18-year-old Paterson Brown Jr. After seven hours of jury deliberation last Friday, the jurors said they were “significantly divided” and couldn’t render a verdict.

The case will continue to the July 18 docket of the Chesterfield Circuit Court.

Commission lifts academic warning at Virginia State

Last week, the Southern Association of Colleges and Schools Commission on Colleges voted to remove Virginia State University from “warning” status, and reaffirmed the school’s regional accreditation.

The commission’s board found that VSU has satisfied all the standards that led to the school being placed on warning status last year.

“We are confident that the findings released today will further secure VSU’s sustainability as a highly effective and fiscally stable university,” said Makola M. Abdullah, VSU president, in a statement.

VSU has struggled in recent years in terms of finances and enrollment, but officials say the school is on the rebound.

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